Brazil Cracks Down on Cryptocurrency Money Laundering Case, Freezes Approximately $2 Billion in Assets
Source：
www.bloomberg.com
According to Bloomberg, Brazil's Federal Police executed 11 temporary arrest warrants and 13 search and seizure operations in Sao Paulo, targeting two individuals involved in the case who were sanctioned by the U.S. Treasury Department. The court has frozen assets, funds, and cryptocurrencies worth approximately 1.04 billion reais (about $2 billion).
